Is Thorne Bay, AK 99919 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Thorne Bay is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market117Listing to accepted offer
Median price per sq ft$319▲ +107.1% vs. last year

The Thorne Bay housing market right now

In the three months ending August 31, 2026, 0% of homes in Thorne Bay, AK 99919 sold above their list price, the typical home went under contract in 117 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (16 days then) and the median sale price fell 7% to $359,345. Overall, Thorne Bay is less competitive than a year ago, which gives buyers more room.

Nearby markets

Coffman Cove 99918Buyer’s market $235 /sq ftCraig 99921Buyer’s market $257 /sq ftKlawock 99925 — /sq ftPoint Baker 99927Buyer’s market $265 /sq ft Browse all markets →

Where Thorne Bay is

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Questions about Thorne Bay real estate

Is Thorne Bay a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Thorne Bay, AK 99919 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Thorne Bay?

The typical home went under contract in 117 days in the latest three months.

Do homes in Thorne Bay sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.

What are property taxes in Thorne Bay?

About 0.51% of a home’s value a year in Prince of Wales-Hyder Census Area, or roughly $2,040 on a $400,000 home.

What is the median home price in Thorne Bay?

The median sale price was $359,345 in the three months ending August 31, 2026, about $319 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology